Lisa Shaw
Senior Client Service Associate
Phone:
(410) 559-7270(410) 559-7270
David Humes
Executive Director, Wealth Management,
Financial Advisor,
Portfolio Management Director
Direct:
(302) 644-6617(302) 644-6617
Toll-Free:
(800) 258-3131(800) 258-3131
My Mission Statement
Helping clients like you achieve all of your retirement and investing goals
My Story and Services
Being a Second Generation wealth professional, I learned first-hand how important it is to establish a strong relationship with your clients. For as long as I can remember, I have been learning how to provide clients with the best possible service, continuing to learn from my past and further develop my skills. That includes providing clients with the proper insight, diligent work ethic, as well as a helping hand for any of life's most unexpected situations. Its become a goal of mine to help all of my clients reach the important milestones they've set for themselves, and I am thankful to be along for the ride,
I offer a full range of services that is consistent with what you would expect from a family wealth advisor. My first step with clients is to form a strategy and prepare a plan that is unique to you, emphasizing attention to detail that is useful to your specific situation. I have the ability to manage a range of investor situations from straightforward to complex, assuring you that your plan is in the hands of a highly capable professional.
Overtime, we will work together to simplify your plan so that you have confidence that your objective can be met. With my experience and Morgan Stanley's global resources, I am confident that I can address your needs both now, and in the future. In addition, I am devoted to your legacy and I seek to protect and help grow your wealth for generations to come.
For years, I am happy to say that I thoroughly enjoy assisting my clients as I frequently refine their plans, develop their wealth, and aid them as they achieve success. You will appreciate my honest and open communication as I continue to earn your trust and confidence every day. You are my priority! Let's get started.
I offer a full range of services that is consistent with what you would expect from a family wealth advisor. My first step with clients is to form a strategy and prepare a plan that is unique to you, emphasizing attention to detail that is useful to your specific situation. I have the ability to manage a range of investor situations from straightforward to complex, assuring you that your plan is in the hands of a highly capable professional.
Overtime, we will work together to simplify your plan so that you have confidence that your objective can be met. With my experience and Morgan Stanley's global resources, I am confident that I can address your needs both now, and in the future. In addition, I am devoted to your legacy and I seek to protect and help grow your wealth for generations to come.
For years, I am happy to say that I thoroughly enjoy assisting my clients as I frequently refine their plans, develop their wealth, and aid them as they achieve success. You will appreciate my honest and open communication as I continue to earn your trust and confidence every day. You are my priority! Let's get started.
Securities Agent: SC, WI, WA, DE, NY, NH, LA, NM, NC, CO, AZ, AR, PA, MA, IL, FL, DC, CT, OH, NJ, AK, OR, WV, MD, GA, CA, MI, VA, TX; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1310689
NMLS#: 1310689
Check the background of Our Firm and Investment Professionals on FINRA's BrokerCheck.*
For me, I believe that all of my clients are entitled to a different kind of working relationship. This is why I have worked very hard to place an emphasis on communication and transparency with my clients. When working together, we will strive to develop a type of relationship that places an emphasis on assessing your needs and working together to find solutions to your many goals.
As a Portfolio Management Director, I work to provide my clients with tailored advice and years of experience to help assist with their needs. In addition, having access to Morgan Stanley's content and resources is very important to our relationship. This combination of personal attention and financial possibilities creates opportunities for you that may have not been available before. Your financial life requires the broadest possible scope of knowledge, which is why I am committed to helping you in any way I can.
As a Portfolio Management Director, I work to provide my clients with tailored advice and years of experience to help assist with their needs. In addition, having access to Morgan Stanley's content and resources is very important to our relationship. This combination of personal attention and financial possibilities creates opportunities for you that may have not been available before. Your financial life requires the broadest possible scope of knowledge, which is why I am committed to helping you in any way I can.
Education
• Series 7-General Securities Representative
• Series 31- Managed Futures
• Series 65-Investment Advisory Agent
• Series 63-Uniform State Exam
• Life & Health Insurance Licensed, DE, MD, PA
• Salisbury State University, BS of Finance
• Series 31- Managed Futures
• Series 65-Investment Advisory Agent
• Series 63-Uniform State Exam
• Life & Health Insurance Licensed, DE, MD, PA
• Salisbury State University, BS of Finance
Experience
• 1994 - Present: Morgan Stanley
• 1991 - 1994: Reznick Fedder & Silverman, CPA
• 1991 - 1994: Reznick Fedder & Silverman, CPA
Associations
• Member of RB/DB Chamber of Commerce
• Meals on Wheels-Lewes Board member
• Morgan Stanley Master's Club member
• Governor Appointed Open Space Council for DE
• Member of Rehoboth Beach Country Club
• OA Newton Former Board member
• Member of Lewes Yacht Club
• Meals on Wheels-Lewes Board member
• Morgan Stanley Master's Club member
• Governor Appointed Open Space Council for DE
• Member of Rehoboth Beach Country Club
• OA Newton Former Board member
• Member of Lewes Yacht Club
Insights & Information
Here at Morgan Stanley, we strive to make complex financial ideas more digestible so that our clients understand what is being done on their behalf to plan for their financial future. I am a firm believer of giving my clients as many resources as possible so they can stay informed about the latest market trends, outlooks, and breakdowns. The links below provide detailed analysis on interesting topics that are affecting the finance and business worlds.
GIC On the Markets
Check out Morgan Stanley's Global Investment Committee's January edition of On The Markets, "A Year That Broke Models".
Learn MoreU.S. Policy Pulse
In this report, we discuss how fiscal policy pressures may shape legislative outcomes and market performance, as well as some key geopolitical items to be aware of moving into 2024.
Learn MoreWhy Higher Interest Rates May Not Go Away
Morgan Stanley Chief Investment Officer, Lisa Shalett, shares why interest rates and economic growth could surprise to the upside and how investors can prepare.
Learn MoreA Six-Step Retirement Checkup
Recent market volatility has made it important to check the status of your retirement plan. Are you still on track toward meeting your investment goals?
Learn MoreFamily Wealth-Planning
Before engaging in family wealth-planning conversations, you may want to examine your own feelings and attitudes about wealth. The attached article has some questions you can ask yourself to help prepare for a difficult conversation.
Learn MoreTax Resources
The Tax Day deadline is on April 15th. Check out this link below which serves as a guide to your tax efficient planning. You'll also find more information on the 2024 Income Tax Tables, Tax Form Mailing Dates, effective tax strategies, and much more.
Learn MoreWhat We Offer
I believe that proper financial education leads to better insights into our investment strategy, overall discipline, and ultimately, better long term decisions. For me, it is very important that my clients are provided with timely and informative resources to assist with their unique situations and financial needs.
With the support from Morgan Stanley, I am committed to providing my clients with many valuable reports, articles, and digital tools to help them manage their wealth more effectively in today's digital world. I have provided some of the following resources to help you stay organized, up to date and prepared for any of life's twists and turns.
With the support from Morgan Stanley, I am committed to providing my clients with many valuable reports, articles, and digital tools to help them manage their wealth more effectively in today's digital world. I have provided some of the following resources to help you stay organized, up to date and prepared for any of life's twists and turns.
Morgan Stanley Online
Your investments and everyday finances are always just a few clicks away with Morgan Stanley Online (MSO) and the Morgan Stanley mobile app. Access your finances and investment instantly with the help of this 24/7 resource.
Learn More
Total Wealth View
It's hard to see the complete picture with only half the details. As a Morgan Stanley client, you can now conveniently view your accounts from other financial institutions on Morgan Stanley Online, or by using the Morgan Stanley mobile app. Let's discuss how Total Wealth View can help give you a more complete financial picture.
Learn More
Investment Management
Managing your finances and creating a detail oriented approach to investing is a very important aspect of our relationship. Check out the Investment Management resources Morgan Stanley has to offer.
Learn More
Retirement Plan Service Center
With the Retirement Plan Service Center, find easy access to our Morgan Stanley retirement plan information. Here you'll be able to view your account balance information, transactions, fund performance, market summary, stock quotes, and investment education provided by ADP.
Learn More
Thoughts On The Market
Each week, Mike Wilson offers his perspective on the forces shaping the markets and how to separate the signal from the noise. Some investors think a potential recession is already priced in, but given defensive leadership, labor statistics and incoming Fed rate hikes, it may be too early to tell.
Listen HereGet Ahead
Preparing for your retirement is a long and enduring process. After years of hard work, you deserve to have a comfortable and seamless transition into the next phase of your life.
With my experience, I will work with you to better understand your priorities and goals, ultimately leading to the implementation of a customized strategy specific to you and your family's needs.
For your perusal, I have provided some helpful resources that may help you think outside of the box when it comes to preparing for your retirement.
With my experience, I will work with you to better understand your priorities and goals, ultimately leading to the implementation of a customized strategy specific to you and your family's needs.
For your perusal, I have provided some helpful resources that may help you think outside of the box when it comes to preparing for your retirement.
A Simple Six Step Retirement Checkup
Checking in on your retirement plan may take a lot of sense., especially when market volatility arises.
Read More Here
The Psychological Transition into Retirement
Most retirement preparations focus on financial planning, but it is equally crucial to look at personal considerations and help you with easing the fear of the unknown. Given that many people overlook the psychological adjustments of retirement, we can help you understand why it’s important to be emotionally (not just financially) ready for retirement.
Risks to Your Retirement
Once you determine what kind of retirement you want, we will work together to take a closer look at the risks that might be standing between you and your retirement goals. No matter how well you save during the accumulation phase, it’s critical to plan how you convert those assets to income. We can help you navigate the challenges that may arise.
Log in to Your Account
Overcoming Your 5 Biggest Retirement Challenges
While saving for a retirement is an important topic, what comes next is just as important: Your plan of action once you enter retirement. No matter how well you save during the accumulation phase, it’s critical to plan how you convert those assets to income, so you can help enjoy your retirement without stressing about your finances.
Tax-Smart Strategies
The Millenial and Gen Z Guide to a Sweet Retirement
How the power of time can help savvy young investors grow an impressive portfolio.
Learn MoreLocation
55 Cascade Lane
Rehoboth Beach, DE 19971
US
Direct:
(302) 644-6617(302) 644-6617
Toll-Free:
(800) 258-3131(800) 258-3131
Fax:
(302) 300-4914(302) 300-4914
Meet My Team
The Power of Partnerships
By partnering with experienced individuals across wealth disciplines, Morgan Stanley Financial Advisors can align specialized resources with your custom needs and deliver strategic guidance through the familiarity and trust of existing relationships
Karen Pillets, CFP®
Financial Planning Director, Vice President
About Karen Pillets
Karen Pillets is a Vice President and Financial Planning Director serving Morgan Stanley’s Wealth Management offices in Delaware and Maryland. She is responsible for helping Financial Advisors with their clients’ and prospects’ financial planning needs.
Karen began her career in financial services in 1977 and joined Morgan Stanley in 2022. Prior to her current position, she worked at Fidelity Investments, State Farm, Provident Bank, Third National Bank, and Equitable Bank.
Karen graduated with a BA from what is now Mc Daniel College and an MBA from what is now Loyola University of Baltimore and holds her Certified Financial Planner® designation. Karen lives in Millsboro, Delaware. Outside of work, Karen enjoys exploring the waterways of Delaware and Maryland with family and friends. Supporting the Children’s Beach House and Milton Theatre are also favorite diversions.
Karen began her career in financial services in 1977 and joined Morgan Stanley in 2022. Prior to her current position, she worked at Fidelity Investments, State Farm, Provident Bank, Third National Bank, and Equitable Bank.
Karen graduated with a BA from what is now Mc Daniel College and an MBA from what is now Loyola University of Baltimore and holds her Certified Financial Planner® designation. Karen lives in Millsboro, Delaware. Outside of work, Karen enjoys exploring the waterways of Delaware and Maryland with family and friends. Supporting the Children’s Beach House and Milton Theatre are also favorite diversions.
Wealth Management
Global Investment Office
Portfolio Insights
Retirement
Working with you to understand your life goals and develop a personalized wealth strategy. Today and for the years to come.
- 401(k) Rollovers
- IRA Plans
- Retirement income strategies
- Retirement plan participants
- Annuities
A Simple Six-Step Retirement Checkup
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Investing
Working closely with you to guide your wealth and investments through the most challenging market cycles.
- Asset Management
- Wealth Planning
- Traditional Investments
- Alternative Investments
- Impact Investing
Family
Creating customized financial strategies for the challenges that today’s families face.
- Estate Planning Strategies
- 529 Plans / Education Savings Planning
- Long Term Care Insurance
- Special Needs Planning
- Trust Services
529 Plans: A Powerful Tool to Save for Education
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Business Planning
Helping you on key aspects of your business such as ownership, liquidity and developing opportunities.
- Succession Planning
- Business Planning
- Qualified Retirement Plans
Financial Planning for Life After Selling a Business
Article Image
Philanthropy
Making sure your philanthropic dollars are managed with the same high quality service as the rest of your wealth.
- Endowments
- Foundations
- Donor Advised Funds
- Impact Investing
Ready to start a conversation? Contact David Humes today.
1When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
2Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
2Municipal bonds may not be appropriate for all investors. Income generated from an investment in a municipal bond is generally exempt from federal income taxes. Some income may be subject to state and local taxes and to the federal alternative minimum tax. Capital gains, if any, are subject to tax.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) and its Financial Advisors and Private Wealth Advisors do not provide any tax/legal advice. Consult your own tax/legal advisor before making any tax or legal-related investment decisions.
3Fixed Income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall.
4Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors do not provide tax or legal advice. Clients should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
5Morgan Stanley offers a wide array of brokerage and advisory services to its clients, each of which may create a different type of relationship with different obligations to you. Please consult with your Financial Advisor to understand these differences or review our Understanding Your Brokerage and Investment Advisory Relationships brochure available at www.morganstanley.com/wealth-relationshipwithms/pdfs/understandingyourrelationship.pdf.
6When Morgan Stanley Smith Barney LLC, its affiliates and Morgan Stanley Financial Advisors and Private Wealth Advisors (collectively, “Morgan Stanley”) provide “investment advice” regarding a retirement or welfare benefit plan account, an individual retirement account or a Coverdell education savings account (“Retirement Account”), Morgan Stanley is a “fiduciary” as those terms are defined under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and/or the Internal Revenue Code of 1986 (the “Code”), as applicable. When Morgan Stanley provides investment education, takes orders on an unsolicited basis or otherwise does not provide “investment advice”, Morgan Stanley will not be considered a “fiduciary” under ERISA and/or the Code. For more information regarding Morgan Stanley’s role with respect to a Retirement Account, please visit www.morganstanley.com/disclosures/dol. Tax laws are complex and subject to change. Morgan Stanley does not provide tax or legal advice. Individuals are encouraged to consult their tax and legal advisors (a) before establishing a Retirement Account, and (b) regarding any potential tax, ERISA and related consequences of any investments or other transactions made with respect to a Retirement Account. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning, charitable giving, philanthropic planning and other legal matters.
Check the background of our Firm and Investment Professionals on FINRA's BrokerCheck*.
The information, products and services described here are intended only for individuals residing in states where this Financial Advisor is properly registered as described in this site.
Morgan Stanley reserves the right, to the extent permitted under applicable law, to retain and monitor all electronic communications. Morgan Stanley will not accept purchase or sale orders via any Internet site, social media site and/or its messaging systems. Morgan Stanley does not endorse and is not responsible and assumes no liability for content, products or services posted by third-parties on any Internet site, social media site and/or its messaging systems. All electronic communications are subject to terms available at the following link:
https://www.morganstanley.com/disclaimers/mswm-email.html. Any profiles and associated content are for U.S. residents only.
The securities/instruments, services, investments and investment strategies discussed in this material may not be appropriate for all investors. The appropriateness of a particular investment, investment strategy or service will depend on an investor's individual circumstances and objectives. Morgan Stanley Smith Barney LLC recommends that investors independently evaluate particular investments, strategies and services, and encourages investors to seek the advice of a Financial Advisor or Private Wealth Advisor. This material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”), its affiliates and Morgan Stanley Financial Advisors or Private Wealth Advisors do not provide tax or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for legal matters.
Morgan Stanley Smith Barney LLC (“Morgan Stanley”) is not implying an affiliation, sponsorship, endorsement with/of the third party or that any monitoring is being done by Morgan Stanley of any information contained within the website. Morgan Stanley is not responsible for the information contained on the third-party website or the use of or inability to use such site. Nor do we guarantee their accuracy or completeness.
The views, opinions or advice contained within third party websites or materials are solely those of the author, who is not a Morgan Stanley employee, and do not necessarily reflect those of Morgan Stanley Smith Barney LLC, or its affiliates. The strategies and/or investments referenced may not be appropriate for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives.
*References to length of service at Morgan Stanley include years at Morgan Stanley and predecessor firms.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S, which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
The use of the CDFA designation does not permit the rendering of legal advice by Morgan Stanley or its Financial Advisors which may only be done by a licensed attorney. The CDFA designation is not intended to imply that either Morgan Stanley or its Financial Advisors are acting as experts in this field.
Awards Disclosures
CRC 6491812 (04/2024)
